BlackRock has added ABN AMRO, Citadel Securities, Citigroup, Goldman Sachs, and UBS to its list of Authorized Participants (APs) for its spot Bitcoin ETF (IBIT).🟠🥁

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Authorized Participants play a crucial role in the creation and redemption of ETF shares, facilitating the process by transferring cash to and from the Trust Administrator through one or more accounts. The expansion of the AP list is expected to enhance the liquidity and accessibility of IBIT for investors.🔵